This luxury log and stone retreat is both rustic and luxurious. Wavehill Estate is uniquely located on 83 acres borders Rocky Mountain Forest Reserve which is one of the largest recreational areas in Alberta. The views of the valley, mountains and forest are stunning and there is direct off roading access from the front door. This one-of-a-kind property is unsurpassed in tranquillity and serenity, nearby are incredible mountain, river and lake activities. The property is approved as a BnB and has one of the highest rated holiday experiences in Alberta. It is perfect for a large extended family and for those that wish to entertain. Despite the grand size of 2400 sq feet on the first two levels and a fully built out 1632 sq ft below grade, the total area of over 4000 sq ft of living space and over 3500 sq feet of decks make the home feel more like a mini resort. The heart of the home is the great room with soaring vaulted ceilings showcasing the stunning log frame. There is a massive games room, media room, formal dining room, home office, a bedroom on each of the three levels as well as a panic room. There is a 6 person hot tub, a steam shower large enough for 8 people, and a large locked off room previously used as a wine cellar. Also, wooden outdoor swings, multiple fire pits, groomed pathways and an expanse of wildflowers. Walk up the path to the hilltop observatory, often used as another guest bedroom, featuring a wood burning stove and 240 degree panoramic views of the valley and mountains; It sits at almost 5000 feet above sea level. Above the detached four car garage (with carport for ATVs) is the immense gym and party room with yet another deck and amazing views of the waterfall and pond. Being separate from the main home this space is ideal for children to have sleep over parties, but close enough to keep an eye on them. This is a very large space that is plumbed and ready to be converted to private nanny quarters. There is also a recently renovated 921 sq ft cabin is just (down the hill from the other 3 and just outside the gate) has its own large deck, carport and a wood burning fireplace. This lovely cabin could also be used as a guest house for extended family or friends or caretaker residence. Only one hour from the Calgary International Airport and one hour from the picturesque alpine town of Banff. This spectacular estate, on the most secluded of hill-top acreages offers easy access to skiing, hiking and horseback riding in the mountains, and kiteboarding, wind surfing, and fishing at the nearby Ghost Lake. If you are seeking a true refuge that offers privacy, serenity and convenience, welcome to the unparalleled Wave hill Estate! Buyer due diligence with GST required.